United Airlines 2011 Annual Report Download - page 165

Table of Contents
The aggregate fees billed for professional services rendered by external auditors in 2011 and 2010 are as follows (in thousands):
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   
Audit Fees $4,124 $2,571 $1,553
Audit-Related Fees 209 128 81
Tax Fees 1,198 911 287
All Other Fees 5 3 2
$5,536 $ 3,613 $1,923
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  
Audit Fees $4,028 $ 3,062 $2,976
Audit-Related Fees 325 226 241
Tax Fees 463 369 375
All Other Fees 11 3 34
Total $ 4,827 $3,660 $3,626
(a) Includes an allocation of fees billed to Continental by Ernst & Young LLP after the Merger.
AUDIT FEES
For 2011, audit fees consist primarily of the audit and quarterly reviews of the consolidated financial statements (including an audit of the effectiveness of the
company’s internal control over financial reporting), including audits covering United Continental Holdings, Inc. and its wholly owned subsidiaries (United
Air Lines, Inc. and Continental Airlines, Inc.) Audit fees also include attestation services required by statute or regulation, comfort letters, consents, assistance
with and review of documents filed with the SEC, work performed by tax professionals in connection with the audit and quarterly reviews, Merger-related
technical accounting consultations and accounting and financial reporting consultations and research work necessary to comply with generally accepted
auditing standards. For 2010, audit fees include the services described above, except for purchase accounting audit procedures and procedures related to the
consolidation of Continental Airlines, Inc.
AUDIT RELATED FEES
In 2011 and 2010, fees for audit-related services consisted of audits for employee benefit plans, carve-out audits, and due diligence and assistance with
Merger-related activity prior to completion of the Merger transaction with Continental Airlines, Inc. Audit-related services also include audits of subsidiaries
that are not required to be audited by governmental or regulatory bodies.
TAX FEES
Tax fees include professional services provided for preparation of tax returns of certain expatriate employees, personal tax compliance and advice, preparation
of federal, foreign and state tax returns, review of tax returns prepared by the company, assistance in assembling data to prepare for and respond to
governmental reviews of past tax filings, and Merger-related tax advice (2010 only), exclusive of tax services rendered in connection with the audit.
ALL OTHER FEES
Fees for all other services billed in 2011 and 2010 consist of subscriptions to Ernst & Young’s on-line accounting research tool.
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